top of page
professor566

What is PITI?

PITI stands for principal, interest, taxes, and insurance. These are the four main components that make up a monthly mortgage payment that most lenders require. The principal portion goes towards reducing the debt, the interest is calculated based on the outstanding debt. The lender holds the taxes & insurance portion in an escrow account until they make the required payment on behalf of the borrower.


Would you like to learn more about Real Estate? Have you ever wanted to become a New Jersey Real Estate Salesperson License holder? Want to know more about being a New Jersey Licensed Real Estate Agent? Click on the link for the schedule of our upcoming classes for Real Estate: tocrres.com




Gentle waterfall separating two ponds
Gentle waterfall separating two ponds

2 views1 comment

1件のコメント


matthew green
matthew green
5月01日

I am looking to your post. you want know all the information about "PITI" I dont know but I will guide to you after discussion at someone who was known about this.


Affordable Mountain Limo Services in Denver CO

いいね!
bottom of page